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Users of UPI payments service PhonePe can now transfer money to a merchant via the app, and get cash equal to the amount transferred...
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Users of UPI payments service PhonePe can now transfer money to a merchant via the app, and get cash equal to the amount transferred...
Existing cards, both physical and virtual, that have never been used for online/ international/ contactless transactions will be “mandatorily” disabled, as per a notification...
By removing MDR, or Merchant Discount Rate, for businesses with annual turnover of more than Rs 50 crore, for UPI and RuPay transactions, the...
The Unified Payments Interface (UPI) saw an extensive growth of 191% in the total transaction volume, taking its number to 10,788 million in 2019...
The number of transactions on the Bharat Interface for Money (BHIM) UPI app was 17.8 million in December 2019, up by 13% from 15.7...
A quick roundup of the developments in the Indian digital, tech and business ecosystem. Policy updates NSCS extends deadline to submit comments on National...
The Reserve Bank of India (RBI) will issue new cybersecurity guidelines for ATM service providers by December 31, it said in a statement on...
Unified Payment Interface (UPI) saw an increase of 6% in the total transaction volumes between October and November 2019, according to data published by...
Unified Payment Interface (UPI) saw an increase of 20.2% in the total transaction volumes taking place between September 2019 and October 2019, according to...
The number of point of sale (POS) machines increased to 4.25 million in July 2019, up 30% from 3.27 million in July last year,...